BASF Board of Executive Directors implements competence profile and diversity concept worldwide; One woman on the board

Implementation of the competence profile and the diversity concept for the Board of Executive Directors

The Board of Executive Directors meets the competence profile and the requirements of the diversity concept in full. Details of the Board of Executive Directors’ experience as it relates to BASF’s segments, products, customer industries and geographic locations can be found in the following competence matrix.1

1The presentation has been adjusted compared to the previous year to further optimize clarity and ensure a consistent classification within the industry environment.

The members of the Board of Executive Directors have broad and long-standing experience in all BASF segments and in core functions such as finance, governance, risk management, digitalization and site management. In addition, they have an in-depth understanding of sustainability, climate protection, energy and resource efficiency, occupational safety and regulatory requirements along international value chains. This profound and international expertise forms the basis for the implementation of the corporate and sustainability strategy, as well as for making transformation and investment decisions.

The Board of Executive Directors as a whole also has extensive knowledge of the key customer industries, as well as strong international management experience in Europe, North and South America, China and Asia Pacific. This global perspective supports responsible and forward-looking management of the economic, environmental and social impacts of business activities.

Proportions represented in the Board of Executive Directors according to the aspects of diversity taken into account

On account of the different educational backgrounds and management experience of its members, the Board of Executive Directors as a whole covers the required spectrum of specialist and management expertise as well as international experience. In accordance with section 16(2) of the SE Implementation Act, one woman sits on the Board of Executive Directors, with suitable consideration of women forming an integral component of succession planning for the Board of Executive Directors. In its current composition, the Board of Executive Directors exhibits a balanced age structure and has an age range of seven years, meaning that sufficient continuity is assured in the work of the Board of Executive Directors. No member of the Board of Executive Directors exceeds the standard age limit of 63 years.

Competence profile and diversity concept

Experience in relevant fields of competence

Experience in BASF’s key customer industries

Proportion of members with international experience based on their background or professional experience

Proportion of members with many years of leadership experience

Proportion of members under 60 years of age

Modern Slavery & Human Trafficking